KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
Quick Snapshot – Fundamentals FY Revenue (HKD M) Net Profit (HKD M) Net Margin 2025F 333,565 22,599 ~6.8% 2026F 349,749 24,892 ~7.1% 2027F 368,467 27,207 ~7.4% CAGR in Net Profit : ~10% Forward P/E : 10.94x (undervalued vs. sector) Dividend Yield : 0.0% (reinvesting into growth) YTD Return : -8.6% (potential rebound play) Technical Setup – Bullish Signals Crossed above 20D & 50D EMAs MACD positive and rising = Buy Signal Breakout trigger: HKD 24.50 Resistance & Support: R1: 24.50 | R2: 26.00 S1: 23.40 | S2: 22.80 Why We Like It ✅ Turnaround momentum on both charts & earnings ✅ Expanding net margins over 3 years ✅ Global brand power in consumer appliances ✅ Low valuation with room to rerate Risks Consumer spending slowdown No dividend buffer Monitor technical support and earnings performance Analyst Verdict: Haier is a recovery story with technical tailwinds, stable profit growth, and a strong global pre...